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Stories about Finance

Jul 29 2019

Apple could release the Apple Card during the first half of August

The giant has established a partnership with Goldman Sachs on a credit card for US customers, Goldman Sachs managing the banking infrastructure while Apple will take ca...

Jul 28 2019

North Korea Says Recent Missile Launch Was 'Warning' to 'South Korean Warmongers'

North Korea says the two missiles launched this week toward the East Sea, also known as the Sea of Japan, were meant to send a warning to South Korea . US Secretary of S...

Jul 24 2019

Thomas Gallatin: Warren Hopes for Economic Doom

Warren highlighted climbing student, auto, and overall household debt as one of the biggest risks to the economy. Nevertheless, Warren labeled the US economy "precari...

Jul 23 2019

CFPB Announces $700M Settlement in Equifax Data Breach

Consumer Financial Protection Bureau and the Federal Trade Commission , as well as 48 states and the District of Columbia and Puerto Rico, would provide up to $425 milli...

Jul 21 2019

PepsiCo plans to acquire South Africa's Pioneer Foods

Bottles of Pepsi and Coca-Cola are displayed in a grocery store in downtown Tehran, Iran, Wednesday, July 10, 2019.Pioneer Foods said on Friday a subsidiary of PepsiCo ...

Jul 21 2019

Toys 'R' Us Stores to Return This Year

Well, the reports of the brick-and-mortar retailer's death were greatly exaggerated, as Toys "R" Us parent company Tru Kids Brands announced on Thursday that it has...

Jul 19 2019

House Approves $15 Minimum Wage, Senate Prospects are Dim

Bernie SandersRecalling how his original bill proposing a $15 federal minimum wage , first introduced in 2015, was at the time dismissed as an "impossible dream", Sander...

Jul 18 2019

U.S. housing market stuck in a rut despite lower mortgage rates

The annual pace of new housing starts in the US slipped 0.9 percent from May (1.265 million units) to June (1.253 million units) but remains 6.2 percent higher versus t...

Jul 18 2019

Near historic lows: Fed's Powell doubles down on rate cut signal

Kaplan said USA economic data has pointed to relatively strong economic growth despite the impact of worldwide trade tensions, a global slowdown and the waning effects of...

Jul 17 2019

Tesla drops cheapest Model X, S variants, cuts prices to simplify lineup

There are other changes in the lineup. The Model 3 , meanwhile, now starts at $38,990 for the Standard Range Plus variant with a 240 mile range, a top speed of 140 mil...

Jul 17 2019

Corvette C8 Will Debut As A Stingray, Check Out Its New Logos

The Corvette's V8 has been traditionally installed under the hood, but will now be centrally positioned behind the passenger compartment. While Chevrolet has not rele...

Jul 16 2019

China's Economic Growth Cools Further

BEIJING, July 15 (Reuters) - Growth in China's new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing...

Jul 15 2019

Donald Trump is not a fan of Bitcoin and Libra

The strong comments from the most powerful United States financial regulator underscored the growing regulatory hurdles facing the proposed cryptocurrency , which has ...

Jul 14 2019

Telstra outage: EFTPOS machines and ATMs down across the country

The outage is also having a significant impact on the major banks, with Commonwealth Bank, NAB, Westpac and ANZ all reporting problems. Whilst the CommBank app and ...

Jul 13 2019

At least 35 injured from turbulence on Air Canada flight

Linda Woodhouse, an Albertan who is moving to Australia, said people had just begun to wake up and move around when the airplane experienced several seconds of minor turb...

Jul 12 2019

Greece’s new cabinet sworn in after New Democracy party’s win

Tsipras presided over austerity policies under Greece's third worldwide bailout as it struggled in the global financial crisis. The economist and engineer served as dep...

Jul 11 2019

Tropical development likely, details still a question mark

For a depiction of areas at risk, please see the National Weather Service storm surge watch/warning graphic, available at hurricanes.gov. The system could track along...

Jul 10 2019

New electric Mini Cooper SE revealed … and confirmed for SA!

The new Mini Cooper SE has been revealed as the brand's first fully electric model. and it's headed to South Africa in "limited quantities" in the first quarter of 2021...

Jul 09 2019

Tesla to offer self-driving chip upgrade for older models

Tesla will likely start installing the chip it created to one day make its cars autonomous on vehicles that don't already have it near the end of this year, CEO Elon Mus...

Jul 09 2019

Volkswagen, Ford reach outline agreement to share electric, autonomous tech

Back in January , the two auto makers announced plans to share technology and platforms, starting with new commercial vehicles like vans and medium-sized pickup trucks ....